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1404 Highland Dr, Birmingham, AL 35235

3 beds • 2 baths • 1540 sqft

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This property looks like a bad Airbnb investment with a projected -0.28% first-year return on $68,820 initial cash invested.

-0.28%

Cash On Cash

6.64%

Cap Rate

1.08

DSCR

$2,755

Rent

-$16

Cashflow

$28,560

Annual

$2,400

Median

$2,354

Avg

25

Samples

Rent insights and distributions

Investment Breakdown

|

Purchase Price

$242k

Downpayment

20.0%

Interest Rate

6.7%

Mortgage Duration

30yr.

Cash To Invest

Total

$68,820

Downpayment

20%

$48,400

Closing costs

1%

$2,420

Rehab

0%

$0

Furnishing

7%

$18,000

Cashflow

Total Income

$2,755

Total Expenses

$2,771

Mortgage P&I

45%

$1,245

Property Taxes

4%

$119

Home Insurance

3%

$85

HOA

0%

$0

Property Management

15%

$413

CapEx

4%

$110

Vacancy

0%

$0

Maintenance

4%

$110

Other

25%

$689

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ADR

Beds

Baths

Distance

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3

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3

2.5

0.55 mi

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4

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1.3 mi

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2

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0.9 mi

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$2,850

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5

4

0.6 mi

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$1,100

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2

1

0.9 mi

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$2,850

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5

4

0.6 mi

1255 S Forest Knoll St

$1,100

$110

2

1

0.9 mi

2022 S American St

$2,850

$285

5

4

0.6 mi

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